NOT LISTED FOR SALE

408 Ocean Ave Melbourne Beach, FL 32951

Estimated Value: $1,393,298 - $1,550,000

3 Beds
3.5 Baths
3,052 Sq Ft
$487/Sq Ft Est. Value

Last Sold September 07, 2018

Last sale price $751,000 $246 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $8,576/month

137 Days on Market

Highlights

  • New Construction
  • The property is located in a historic district
  • Deck
  • Gemini Elementary School Rated A-
  • Open Floorplan
  • 3-minute walk to Ryckman Park

About This Home

As of September 2018

Avenues of Melbourne Beach - NOW PRE-SELLING new luxury single family homes in the heart of Melbourne Beach. Modern West Indies style home offering all high-end finishes and touches fo new construction combined with a casual layout and plenty of outdoor spaces plus a 2-car garage. One of the larger floor plans offering on the 1st floor an open concept including chef's kitchen, living & dining area opening to a covered porch, study/lounge and a guest bedroom with en-suite bath. 2nd floor is featuring a master suite leading out to private balcony with sundeck, second guest bedroom with en-suite bath incl. balcony and study/lounge. Options such as pools and upgrades are available, additional charge may apply. Quality construction by local builder specializing in beachside properties.

Last Agent to Sell the Property

Carola Mayerhoeffer

One Sotheby's International License #3218864 Listed on: 03/05/2018

One Sotheby's International

Co-Listed By

Renee Winkler

One Sotheby's International

Last Buyer's Agent

Renee Winkler

RE/MAX Olympic Realty

RE/MAX Olympic Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,992

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 48x150
  • West Facing Home

HOA Fees

  • $444 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • New Construction
  • Tile Roof
  • Concrete Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 3,052 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Great Room
  • Home Office
  • Library
  • Loft
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • Low Flow Plumbing Fixtures
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Eco-Friendly Details

  • Energy-Efficient Thermostat
  • Water-Smart Landscaping

Outdoor Features

  • Balcony
  • Courtyard
  • Deck
  • Patio
  • Side Porch

Location

  • The property is located in a historic district

Schools

  • Gemini Elementary School
  • Hoover Middle School
  • Melbourne High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Association fees include insurance, pest control
  • Graves Plat Of Melbourne Beach Subdivision
  • Maintained Community

Listing and Financial Details

  • Assessor Parcel Number 28-38-07-Fw-0000i.0-0020.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,992

Lot Details

0

HOA Fees

$444 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Historic Area
  • Road Surface Type: Asphalt
  • ResoSecurityFeatures: Smoke Detector(s), Other
  • Reso Association Amenities: Maintenance Grounds, Management - Full Time
  • Reso Association Fee Includes: Insurance, Pest Control
  • Co List Office Mls Id: spc.ozosi
  • Co List Office Phone: 321-984-3135
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Graves Plat of Melbourne Beach
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Efficiency: Thermostat
  • Location Tax and Legal Parcel Number2: 28-38-07-Fw-0000i.0-0020.00
  • Location Tax and Legal Elementary School: Gemini
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 3992.14
  • Location Tax and Legal Tax Year2: 2017
  • General Property Information Living Area2: 3052.0
  • General Property Information Building Area Total3: 4320.0
  • General Property Information Lot Size Acres: 0.43
  • General Property Information Lot Size Square Feet2: 18731.0
  • General Property Information New Construction YN: Yes
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: West
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Flooring Wood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • Pets Allowed Total Number Of Pets: 1
  • Pets Allowed Size Limit: Yes
  • Roof:Tile2: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Green Water Conservation Water-Smart Landscaping: Yes
  • Pets Allowed Call: Yes
  • Room Types Great Room: Yes
  • Cooling Zoned: Yes
  • Room Types Laundry: Yes
  • Room Types Library: Yes
  • Room Types Office: Yes
  • Roof Concrete2: Yes
  • Green Water Conservation Low-Flow Fixtures: Yes
  • General Property Information Lot Size Dimensions: 48x150
  • Room Types Loft: Yes
  • Lot Features Historic Area: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Eat-in Kitchen, His and Hers Closets, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Carpet, Tile, Wood
  • Appliances: Electric Water Heater, Other
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Other
  • General Property Information Bathrooms Half: 1
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes

Exterior Features

  • Exterior Features: Balcony, Courtyard
  • Pool Features: None
  • Roof: Concrete, Tile, Other
  • Acres: 0.43
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco, Other
  • Direction Faces: West
  • Patio And Porch Features: Deck, Patio, Porch, Side Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Exterior Features:Balcony: Yes
  • Patio and Porch Features:Side Porch: Yes
  • Construction Materials:Other15: Yes
  • Exterior Features:Courtyard: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Electric, Zoned
  • Utilities: Cable Available, Electricity Connected, Water Available
  • Heating: Central, Electric, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 444.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 444.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Pest Control: Yes

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Dimensions: 48x150
  • Lot Size Sq Ft: 18731.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-38-07-Fw-0000i.0-0020.00
  • ResoLotSizeUnits: Acres

Green Features

  • Green Water Conservation: Low-Flow Fixtures, Water-Smart Landscaping
  • Green Energy Efficient:Thermostat: Yes

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 3992.14

MLS Schools

  • Elementary School: Gemini
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2018
Closed on
Sep 7, 2018
Sold by
Commercial Building Corp
Bought by
Scanian Kevin and Scanian Cheryl
Seller's Agent
Carola Mayerhoeffer
One Sotheby's International
Buyer's Agent
Renee Winkler
RE/MAX Olympic Realty
List Price
$699,000
Sold Price
$751,000
Premium/Discount to List
$52,000
7.44%
Current Estimated Value
$1,487,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$736,075
Avg. Annual Appreciation
9.69%
Original Mortgage
$657,936
Outstanding Balance
$574,461
Interest Rate
4.25%
Mortgage Type
Small Business Administration
Estimated Equity
$912,614
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Scanian Kevin $150,000 Alliance Title Insurance Age
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scanian Kevin $657,936
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/07/2018 09/07/18 Sold $751,000 0.0% $246 / Sq Ft
07/21/2018 07/21/18 Pending -- -- --
07/09/2018 07/09/18 Price Changed $751,000 +7.4% $246 / Sq Ft
03/05/2018 03/05/18 For Sale $699,000 -- $229 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,738 $356,630 -- --
2024 $4,626 $346,580 -- --
2023 $4,626 $336,490 $0 $0
2022 $4,539 $326,690 $0 $0
2021 $4,688 $317,180 $0 $0
2020 $4,648 $312,810 $0 $0
2019 $1,826 $106,240 $106,240 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 807024

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-38-07-FW-0000I.0-0021.00